June 08, 2015
The U.S. Supreme Court on Monday revived a shareholder class action against Deutsche Bank AG over statements it made about its €20 billion ($22.5 billion) exposure to risky mortgage-backed securities after finding the claim should be reviewed in light of the court's recent Omnicare ruling.
October 17, 2014
The Second Circuit on Thursday declined to grant a panel or en banc rehearing of its decision to toss an investor class action alleging Deutsche Bank AG lied about its $27 billion exposure to risky mortgage assets during the financial crisis.
July 16, 2014
The Second Circuit on Wednesday refused to revive a class action lawsuit claiming that Deutsche Bank AG lied about its €20 billion ($27.07 billion) exposure to risky mortgage assets during the financial crisis, finding that the bank's estimation of its position was a matter of opinion.
June 03, 2014
Deutsche Bank AG on Tuesday urged the Second Circuit not to revive a class action suit alleging it wrongly failed to disclose its €20 billion ($27.24 billion) exposure to risky mortgage assets during the financial crisis, with a defense attorney arguing that "clairvoyance" was not required under the law.